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Restaurant with Outdoor Event Venue
For Sale
$675,000

5234 HWY 51, Mercer, WI 54547

CommercialSale, Mercer, WI

Property SizeContact for details
Lot Size0.56 Acres
Days on Market48

Property Features for 5234 HWY 51

General Information

Property type Commercial Sale
Property subtype Other
Exterior features Landscaping
Lot features Level
Directions Hwy 51 North to Mercer to 5234 on the right.
Standard status Active
APN 012-3063-00000000
Lot size 0.56 Acres

Taxes and HOA fees

Tax Description BLK 3 LTS 14-16 VILLAGE OF MERCER PLAT DOC 150999 TEMP LIM EASEMENT
Legal Description BLK 3 LTS 14-16 VILLAGE OF MERCER PLAT DOC 150999 TEMP LIM EASEMENT

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

Tiki Bar
outdoor kitchen
public restrooms
fire pit
bandstand
dance floor
garden farmers market
ice cream parlor

Building Details

Floors in Building 1
Flooring type Concrete
Building materials Frame, ShingleSiding, Stone, WoodSiding
Roof type Metal
Additional Structures Outbuilding
Listing Agency: REDMAN REALTY GROUP, LLC
Listed By: LINDA LONG TEAM · License #54872 - 90
Added: Jul 7 Changed: Aug 20 Last Checked: Aug 23 at 7:06PM
MLS# 218368

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant and bar property includes a substantial outdoor entertainment area with a Tiki Bar, outdoor kitchen, public restrooms, fire pit seating, bandstand, and dance floor. An ice cream parlor is also part of the offering. The Tiki Bar can be enclosed during winter for use as an Ice Bar. The building features frame construction with shingle siding, stone, wood siding, a metal roof, concrete flooring, forced-air heating, and natural gas service.

Set on 0.5579 acres at 5234 HWY 51 in downtown Mercer, the property has public water, public sewer, landscaping, and plenty of parking. Snowmobile and ATV trails connect directly at the rear of the property. The outdoor layout supports musical events, a farmers market, and private gatherings, with the site currently hosting recurring weekend music events and a weekly market.

Key Highlights

  • 0.5579‑acre restaurant and event property at 5234 HWY 51, Mercer, WI 54547
  • Outdoor area includes a Tiki Bar, outdoor kitchen, public restrooms, fire pit seating, bandstand, and dance floor
  • Tiki Bar can be enclosed as an Ice Bar for winter operations

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Furniture & Home Goods Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
5,152 visits/mo 0.1 miles
Associated Bank Shops & Services
865 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
417 visits/mo 0.4 miles

Demographics for 54547, WI

1,639
Population
1,885
Households
0.9
Avg Household Size
61
Median Age
30%
College-Educated
93%
High-School Grad
215.7 sq mi
ZIP Area
8
Density / Sq Mi
$60,795
Median Household Income
$29,050
Median Earnings
$525
Median Rent
$278,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property includes bar operations, outdoor service areas, public restrooms, and direct access to snowmobile and ATV trails.
Where is this conventional restaurant located?
The property is located at 5234 HWY 51 Mercer, WI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 0.5579‑acre restaurant and event property at 5234 HWY 51, Mercer, WI 54547; Outdoor area includes a Tiki Bar, outdoor kitchen, public restrooms, fire pit seating, bandstand, and dance floor; Tiki Bar can be enclosed as an Ice Bar for winter operations
More about this property
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